AT&T, Inc (NYSE:T) shares, rose in value, with the stock price down by -0.44% to the previous day’s close as strong demand from buyers drove the stock to $27.38.
Actively observing the price movement in the last trading, the stock closed the session at $27.50. The PE ratio was 16.81 over 12-month period. Referring to stock’s 52-week performance, its high was $29.03, and the low was $17.11. On the whole, T has fluctuated by 0.29% over the past month.
With the market capitalization of AT&T, Inc currently standing at about $197.02 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.11, with its dividend yield at 4.05%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that T’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 5.17, with the price of T currently trading nearly -0.34% and 0.12% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.20, while the 7-day volatility ratio is showing 0.51% which for the 30-day chart, stands at 1.52%. Furthermore, AT&T, Inc (T)’s beta value is 0.40, and its average true range (ATR) is 0.56.
A comparison of AT&T, Inc (T) with its peers suggests the former has fared considerably weaker in the market. T showed an intraday change of -0.44% in last session, and over the past year, it grew by 56.46%%.
Data on historical trading for AT&T, Inc (NYSE:T) indicates that the trading volumes over the past 3 months, they’ve averaged 41.08 million. According to company’s latest data on outstanding shares, there are 7.20 billion shares outstanding.
Nearly 0.14% of AT&T, Inc’s shares belong to company insiders and institutional investors own 65.33% of the company’s shares. The stock has risen by 20.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the T stock heading into the next quarter.
